In accordance with the provisions of SEBI(Prohibition of Insider Trading)(Second Amendment) Regulation 2019, the "Trading Window" for dealing in securities of the company shall remain closed, ....
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Nova Iron & Steel Ltd has announced that the trading window for dealing in its securities is closed, in line with SEBI's Prohibition of Insider Trading (Second Amendment) Regulations, 2019. This is a routine compliance measure that prevents insiders — including directors, employees, and connected persons — from trading in company shares during sensitive periods, such as around the announcement of quarterly financial results or other material corporate events. The window will remain shut until the company reopens it, typically 48 hours after the relevant results or announcement is made public.
No direct impact on shareholders or stock price. This is a standard regulatory disclosure and signals that a material corporate announcement (likely financial results) is being prepared. Insiders are barred from trading during this period to ensure fair disclosure.